Small Businesses Not Prepared for No Deal Brexit, Says Institute of Director's Renison

The transcript discusses the frustration and uncertainty faced by businesses due to political decisions, particularly regarding a no-deal exit. Larger companies are beginning to plan contingencies, while smaller ones remain unprepared. The need for swift action and consensus in Parliament is emphasized, especially concerning future relationships. Manufacturing is highlighted as a sector at risk, with potential job losses and capital movement if clarity on tariffs and customs is not provided.

What are the main concerns of smaller companies regarding the current situation?

What does the business community want to see in terms of next steps?

What is the significance of reaching a consensus among the main parties in Parliament?

How has the manufacturing sector responded to contingency planning compared to financial services?

What factors are contributing to the uncertainty faced by businesses in the UK?